Binance holds a trading competition on DEX with a total prize of $100K

02 Mar, 2019 | Updated: 02 Mar, 2019
by Fifi Arisandi
Binance holds a trading competition on DEX with a total prize of $100K

Binance holds a trading competition on their DEX platform to speed up the launch of the mainnet.

As an effort to boost their newly-launched decentralized exchange, Binance is holding a competition that gives away a total prize of $100,000.

Dubbed the Binance DEX Simulated Trading Competition, the competition is open for all users who hold at least 1 BNB on their Binance DEX account.

The first category of the competition is the Healthy Price Volatility. According to the official announcement, participants are judged based on the greater sum of volatility of the tokens they just create on Binance DEX.

While on the second category, winners will be determined from the Absolute Return they manage to gain through trading on DEX in a certain period of time.

In addition, the competition will run from March 7th to 21st and the CEO expects that it will speed up the launching of the mainnet.

Lastly, as the CEO said, “You have nothing to lose! Come and join the fun, and help us launch the mainnet faster!”

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